Cummins India Q2 PAT seen up 14.7% YoY to Rs. 252.2 cr: Yes Securities

Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Capital Goods sector. The brokerage house expects Cummins India to report net profit at Rs. 252.2 crore up 14.7% year-on-year (up 18.3% quarter-on-quarter).

Net Sales are expected to increase by 5.7 percent Y-o-Y (up 8.3 percent Q-o-Q) to Rs. 1,826.5 crore, according to Yes Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 56 percent Y-o-Y (up 176 percent Q-o-Q) to Rs. 263.8 crore.

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